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Tag Archives: Financial Results

UK – Entain delivers 22nd consecutive quarter of double-digit online growth

Entain has posted H1 net gaming revenue of £1.792bn, up 11 per cent on a year ago, with underlying Ebitda climbing 12 per cent to £401.1m and profit after tax rising by £69m to £90.9m. Online NGR was up 28 per cent to £1.587bn – sports rising 55 per cent to £751.1m and gaming 10…

US – Scientific sees 63 per cent growth as it closes in on selling sports betting and lottery

Scientific Gaming’s second quarter consolidated revenue came in at $880m compared to $539m, up 63 per cent compared to the prior year period with the gaming business delivering over 300 per cent growth compared to the prior year period and 50 per cent growth compared to the prior quarter driven by the strength of our…

US – North American gaming helps drive Konami increase

Konami Group saw a 225 per cent jump in profit to JPY13.66bn in the second quarter to June with the company’s gaming and systems division delivering a 111.5 per cent jump Across the group, which includes sports, digital and amusements, Konami’s revenue increased by 29.2 per cent year-on-year to JPY68.33bn. The company stated: “In the…

Canada – Century generates highest ever quarterly EBITDA in its history

Century Casinos generated the highest quarterly EBITDA in the history of the company for the three and six months ended June 30, 2021 with net operating revenue of $92.2m, an increase of 155 per cent from the three months ended June 30, 2020. Earnings from operations was $18.1m, an increase of 957 per cent from…

US – AGS sells slots into 19 US states to set new quarterly records

With its table products EBITDA reaching a new quarterly record of US$1.4m and its domestic EGM RPD and domestic gaming operations revenue establishing new company records, AGS managed to improve its net loss for the second quarter to $3.9m compared to $7.8m in Q1 2021 whilst its EBITDA was up more than 20 per cent…

US – Caesars sets new records in quarterly EBIDTA as Las Vegas occupancy improves

With a ‘dramatic improvement’ in Las Vegas, Caesars Entertainment saw its revenue boom by more than $700m to $2.5bn in its second quarter, a setting new records in quarterly adjusted EBITDA along the way. Net income came in at $71m compared to a net loss of $100m for the comparable prior-year period with the company…

US – Cashless and higher slot sales drive record quarter for Everi

Everi Holdings reported record financial results for the second quarter ended June 30, 2021 ‘reflecting continued strength in casino patron demand, while still reflecting an ongoing, but reduced, impact of the COVID-19 pandemic.’ Because second quarter 2020 financial results were severely impacted by casino closures related to the COVID-19 pandemic, the company believes it is…

China – MGM narrows loss in Macau as revenues double year-on-year

MGM China said that ‘Macau continued to see a choppy business environment during the [first half of the year] under the COVID-19 pandemic’ but that MGM China recorded total revenue of approximately HK$4.7bn, nearly double from HK$2.4bn same period a year ago. For the first half of 2021, the Group recorded adjusted EBITDA of approximately…

China – SJM sees first half revenue increase by 19 per cent

SJM Resort’s net gaming revenue in the first half of 2021 increased by 18.8 per cent to HK$5,076m from HK$4,272m in the year-earlier period, whilst Adjusted EBITDA improved by 48.2 per cent to a negative HK$510m from a negative HK$984m. Loss attributable to owners of the company was HK$1,466n, 3.8 per cent greater than HK$1,412m…